Strategy Announces New Buy Even As Crash Threatens Cost Basis: 855 Bitcoin Added
Strategy’s Bitcoin holdings are in danger of going underwater after the latest price plunge, but that hasn’t stopped the firm from unveiling a new buy. Strategy Has Bought Another $75.3 Million Worth Of Bitcoin In a new post on X, Strategy co-founder and chairman Michael Saylor has shared information related to the latest Bitcoin acquisition […]
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Michael Saylor’s Bitcoin strategy has been in focus since the recent BTC crash. There have been speculations of what could happen to Saylor’s company, Strategy (MSTR), and its BTC holdings if the flagship crypto continues to crash. Schiff Predicts Bankruptcy For Saylor’s Strategy Amid Bitcoin Crash In an X post, renowned economist Peter Schiff stated […]
Data from Glassnode shows the Bitcoin long-term holder cost basis is currently above the realized price of the crypto. Bitcoin Long-Term Holder Cost Basis May Have Hints For Bear Market Length As per the latest weekly report from the analytics firm Glassnode, the LTH cost basis has remained below the realized price for a period […]
The Bitcoin supply in profit has seen a sharp decline amid the latest crypto market crash. This has raised concerns that BTC could suffer a further crash, as holders who are in the red may move to offload their coins. Bitcoin Supply In Profit Drops Amid Market Crash On-chain analytics platform Glassnode revealed in a report that the Bitcoin supply in profit has historically dropped to around 85%, with 15% of the supply sitting at a loss. This has occurred whenever the BTC price breaks down from a new all-time high (ATH) and trades around the short-term holders’ cost basis, as is happening....
Michael Saylor’s Strategy has unveiled its latest Bitcoin acquisition, which has taken its holdings to the 3.2% BTC supply milestone. Strategy Has Just Added 1,955 Tokens To Its Bitcoin Treasury In a new post on X, Strategy co-founder and chairman Michael Saylor has revealed the details related to the latest Bitcoin purchase made by the […]
A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls. Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right Now In its latest weekly report, Glassnode has discussed the Bitcoin investor cost basis from various angles. The first indicator that the analytics firm has shared is the “UTXO Realized Price Distribution” (URPD), that basically tells us about how the BTC supply is distributed among the different price levels based on the last transaction value. Related Reading: Litecoin....